Live cattle mixed ahead of widespread cash trade

Live cattle mixed ahead of widespread cash trade

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher watching corn, and waiting for direct cash business to develop.  April live cattle closed $.07 lower at $164.60 and June lives closed $.02 lower at $160.20.  March feeder cattle closed $.67 higher at $187.32 and April feeders closed $.25 higher at $191.15. 

It was another quiet day for direct cash cattle business.  Bids never surfaced.  Asking prices were at $163 live in the South, while not established in the North. 

.